Different from 2018, Shen Hui never mentioned specific figures such as orders, target sales, and financing plans in this conversation, but he still expressed his fearlessness about the reduction of subsidies and his confidence in impacting the delivery championship of new car manufacturers.

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Like other leading new car manufacturers, Shen Hui, the founder, chairman and CEO of WM Motor, often shows full confidence in others.

But unlike other companies, a large part of his confidence comes from many years of deep cultivation in the automobile industry and work experience at home and abroad.

At the Mianyang and WM Autonomous Driving Technology Center Project Signing Ceremony and the Living Pilot Intelligent Mobility Assist System Media Test Drive held on March 27, Shen Hui had a small-scale dialogue with Yiou Automobile and other media, telling the story

WM Motor’s layout and planning in the new four modernizations.

In this conversation, Shen Hui never mentioned specific figures such as orders, target sales, financing plans, etc., but he still expressed his fearlessness about the reduction of subsidies and his confidence in hitting the delivery championship of new car manufacturers.

“Any advanced technology must become truly great through popularization,” in his view, WM Motor has always been on the right path and has never deviated from its planned direction of “popularizing smart electric vehicles”.

Yiou Automobile It can be felt from this conversation that after experiencing some events that were different from expectations, Shen Hui's self-confidence has not been affected too much.

Just when showing confidence, his language expression became less direct and more "artistic".

On the afternoon of March 26, the Ministry of Finance and other ministries and commissions jointly issued the "Notice on Further Improving Fiscal Subsidy Policies for the Promotion and Application of New Energy Vehicles."

The "Notice" shows that the highest subsidy level for pure electric passenger cars in 2019 will only be 25,000 yuan after the reduction, a 50% decrease compared to 2018, and local subsidies will be cancelled, with a comprehensive reduction rate of up to 60

%above.

As a company that directly provides consumers with new energy vehicle products, WM Motor will obviously be affected by the subsidy policy.

But in the view of this new car-making force, the impact of the sharp policy retreat is not that big, but more about the timing of the policy rollout.

"The earlier the policy is released, the better for us," Shen Hui said. "We are definitely not launching products for subsidies, because subsidies will definitely be canceled in 2020, and there will definitely be a big decline in 2019.

So we have been prepared for it for a long time.” Over the years of development of China’s new energy vehicle industry, some products still rely heavily on subsidies.

In Shen Hui's view, this situation is unhealthy and not the foundation of WM Motor.

Shen Hui said: “We have said from the first day of our establishment that our products are built without subsidies. We hope that users will not buy our products for the subsidies, but because our products are safe, reliable and of high quality.

Stable, excellent design, reasonable cost.” Therefore, Shen Hui believes that the reduction of subsidies is a good thing for the development of the industry.

When the subsidy policy is completely withdrawn, only those backward products that rely too much on subsidies will be eliminated, and only products with competitive advantages will be recognized by more consumers.

The earlier the policy is launched, the sooner consumers with a wait-and-see attitude will make purchases.

When confidence returns to market performance, some specific numbers become sensitive.

In 2018, WM Motor announced that it would hit the delivery target of 100,000 vehicles in 2019.

Shen Hui emphasized that this number is an internal goal, and this year a more conservative target number will be announced based on the actual situation.

But he also said that WM Motor is already the company with the fastest delivery and mass production among new car manufacturers, and it is expected to win the delivery championship among new car manufacturers within the year even if subsidies are reduced.

Of course, WM Motor's "ambition" is by no means limited to taking the lead among new car manufacturers.

Based on confidence in both its own products and the new energy vehicle market, Shen Hui hopes that the company can become mainstream in the entire new energy vehicle market and even the entire passenger car market in the future.

Shen Hui's "ambition" comes from his optimism about the long-term development prospects of new energy vehicles.

"I think the cost of new energy vehicles will fall much faster than that of gasoline vehicles," he said. "I think that around 2021, the cost of pure electric vehicles will be equal to that of gasoline vehicles. After 2021, it can be more cost-effective than gasoline vehicles."

Cars are also cheaper, so the advantages of new energy vehicles will be more obvious in the future.” Of course, if you want to become a “popularizer of smart electric vehicles,” it is not enough to rely solely on electrification.

WM Motor has also formulated important strategic plans in the field of autonomous driving, including the Mianyang Autonomous Driving Technology Center.